{"id":58759,"date":"2022-03-15T10:43:28","date_gmt":"2022-03-15T08:43:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58759"},"modified":"2025-09-04T18:25:29","modified_gmt":"2025-09-04T15:25:29","slug":"european-parliament-committee-backs-mica-crypto-regulation-bill","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/european-parliament-committee-backs-mica-crypto-regulation-bill\/","title":{"rendered":"European Parliament committee backs MiCA crypto-regulation bill"},"content":{"rendered":"<p>The European Parliament&#8217;s Committee on Economic and Monetary Affairs (ECON) backed the <span data-descr=\"Markets in Crypto Assets, markets in cryptocurrencies\" class=\"old_tooltip\">MiCA<\/span> crypto-regulation bill by a wide margin.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"de\" dir=\"ltr\">ECON Committee has adopted my <a href=\"https:\/\/twitter.com\/hashtag\/MiCA?src=hash&#038;ref_src=twsrc%5Etfw\">#MiCA<\/a> report. A good day for the crypto sector! The EU Parliament has paved the way for innovation-friendly crypto regulation that can set standards worldwide. The process is not over; steps lie ahead \/1<\/p>\n<p>\u2014 Stefan Berger (@DrStefanBerger) <a href=\"https:\/\/twitter.com\/DrStefanBerger\/status\/1503427170558873600?ref_src=twsrc%5Etfw\">March 14, 2022<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abA good day for the crypto sector! The EU Parliament has paved the way for innovative cryptocurrency regulation that can set standards for the whole world. The process is not finished. We are moving forward\u00bb, said the rapporteur Stefan Berger.<\/p>\n<\/blockquote>\n<p>The document <a href=\"https:\/\/u1f987.com\/en\/news\/european-parliament-to-vote-on-crypto-regulation-with-no-bitcoin-ban\">the amendment banning mining<\/a> on the Proof-of-Work consensus algorithm <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-the-proof-of-work-pow-algorithm\">Proof-of-Work<\/a>, which would effectively have meant a ban on Bitcoin, the parliamentarian noted.<\/p>\n<p>ECON backed Berger&#8217;s proposal to further discuss this issue within the EU&#8217;s sustainability initiative <a href=\"https:\/\/twitter.com\/hashtag\/Taxonomie?src=hashtag_click\">Taxonomy<\/a>.<\/p>\n<p>Further discussion of the bill will take place at the level of the Council of the European Union and the European Commission.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abBy approving MiCA in full, ECON sent a strong signal to innovation,\u00bb Berger emphasised.<\/p>\n<\/blockquote>\n<p>Forty-five committee members <a href=\"https:\/\/www.europarl.europa.eu\/cmsdata\/245806\/RCV_Voting%20session%20ECON_14.03.2022.pdf\">backed<\/a> the document, with five opposed and seven abstentions.<\/p>\n<p>In the United States, the administration <a href=\"https:\/\/u1f987.com\/en\/news\/biden-issues-executive-order-coordinating-federal-agencies-on-cryptocurrency-regulation\">issued an executive order<\/a> coordinating the efforts of federal agencies in regulating cryptocurrencies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Parliament&#8217;s Committee on Economic and Monetary Affairs (ECON) backed the MiCA crypto-regulation bill by a wide margin.<\/p>\n","protected":false},"author":1,"featured_media":58760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[733,36],"class_list":["post-58759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-europe","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=58759"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58759\/revisions"}],"predecessor-version":[{"id":58761,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/58759\/revisions\/58761"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/58760"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=58759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=58759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=58759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}